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Direct Line renewal quotes

JSF23
JSF23 Posts: 43 Forumite
edited 12 October 2011 at 4:47PM in Insurance & life assurance
Both my car and house are due for renewal.

My car insurance renewal quote was £500.

This was:
£413 basic premium
£ 42 Rescue
£ 45 Interest

If I was a new customer it'd be £343

£307 basic premium
£ 35 Rescue
£ 0 Interest.

Thanks Direct Line :mad:

Moving onto Home Insurance

My renewal quote was £353

New customer cost is £175. :mad:

And yes I have checked all excesses. :mad:

I know this is a known issue but it really annoys me. Anyhow, just a rant.

Comments

  • dunstonh
    dunstonh Posts: 119,820 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I know this is a known issue but it really annoys me. Anyhow, just a rant.

    Direct Line often run year one discounting at a loss. Discounts dont seem to be appreciated so they may as well stop them.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Mr_K
    Mr_K Posts: 1,171 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Car Insurance Carver!
    Well become 'new' customer and get the cheaper premium. ie.. let you old policy lapse and take out a new one (preferably via a cashback site as an extra bonus). Nothing wrong in doing this, done this myself a few times.

    To save a lot of hassle all round confront them with the cheaper quotes, saying you're going elsewhere. You might be surprised how accomodating they suddenly become.
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